3372 River Bend Road NW

$9,650,000
New Listing

Property Details

ID: 86066
Status: New Listing
Price: $9,650,000
Acres: 445
Price Per Acre: $21,685
Type: Farms, Single Family, Residential Property, Recreational Land, Business Opportunity
Address: 3372 River Bend Road NW
City, State: West Salem, Oregon
County: Polk
Zip Code: 97304
Presented By: Paul Terjeson
Oregon Farm and Home Brokers

Description

    This 445-acre Willamette Riverfront Farm offers 381 tillable acres with top-tier soils and double-covered water rights, making it ideal for blueberries, hazelnuts, row crops, or any high-value agriculture. Strategically located in the path of progress, a significant portion of this farm presents a generational opportunity for absorption into the City of Salem Urban Growth Boundary.  This is a rare opportunity to purchase a productive farm with the rare opportunity to expand future generational wealth.

This unique farm comes in two separate blocks that have distinctly different opportunities. Both have top tier soils and excellent water rights.

The Southern Block: Row Crop and CaneberriesThis block has excellent river bottom soils and water rights ideal for expanding into blueberries and hazelnuts. The soil in this section is predominantly Chehalis silty clay loam and Cloquato silt loam and is covered by Bureau water rights and Ground Water Rights. The mainlines are tied together providing great irrigation options for any farming activities. Drain tile has been installed in the appropriate places to ensure uniform production. The southern block includes 122 acres planted with high-quality, award-winning caneberries and marion berries. The farm is renowned for its caneberry production and quality. It is well maintained and operates as a turnkey caneberry production business with an experienced, long-term crew. This blocks strategic location near an existing quarry, plus high demand for aggregates make this an attractive prospect for future royalty income and/or direct quarry development.

The Northern Block: Expansion and Future DevelopmentThe soil in this block is dominated by Woodburn and Amity silt loam which is ideal for almost any high value crop grown in the Willamette Valley. This part of the property is covered with Bureau and Ground Water Rights, providing great long term water security for any future plantings. Additionally, this northern block has been extensively drain tiled.

The vast majority of this block is outside the floodplain and is in the path of progress. The City of Salem has indicated desire to extend services and grow north of the current urban growth boundary. This presents a rare opportunity to the new owner interested in a long hold and willing to wait to unlock the future development potential this incredible property has to offer.

 

Information Packet: https://drive.google.com/file/d/18Pnu_gJOP6tly1ws_x3-e2nPEiGS3gtG/view?usp=drive_link

Directions: Off Of Wallace Road 

Showing Instructions:  24 Hour Notice. Call Showingtime 800-746-9464 for Showings. See Associated Docs for Important Details. For Offers and Questions please email or call Co-List at pterjy@kw.com. Contingent upon successful completion of multiple lot line adjustments in progress.

Additional Details

Home Details

Sq Ft: 1180.00
Beds: 3
Full Baths: 1
Year Built: 1900
Exterior Features: Storage
Water Source: Well

Additional Info

Wildlife: Ducks, Geese, Mule Deer, Quail, Turkey
Recreation: Fishing, Watersports
Water Access: River
Rights: Water
Improvements: Farm House, Fencing, RV/Boat Storage, Residence, Storage, Well, Workshop
Fencing: Perimeter
Soil: Silt Loam
Crops: Hay
Road Type: Asphalt, Gravel
Road Frontage: County Road
Vegetation: Cleared, Crop(s), See Remarks
Current Use: Agricultural, Farm, Multi-Family, Plantable, Recreational, Residential, See Remarks, Single Family
Possible Use: Agricultural, Cattle, Commercial, Dairy, Development, Farm, Grazing, Horses, Livestock, Manufactured Home, Mixed Use, Multi-Family, Nursery, Orchard, Pasture, Plantable, Poultry, Ranch, Recreational, Residential, Row Crops, See Remarks, Single Family, Timber, Tree Farm, Unimproved, Vacant, Vineyard

Financial

Listing Terms: Cash
Tax ID: 381840, 393162, 266628, 439055, 266631, 266826, 266813, 484352, 266590, 267386 , 239710, 547567, 484365
Taxes (annually): $8,530
Tax Year: 2024
Legal Description:

381840, 393162, 266628, 439055, 266631, 266826,
266813, 484352, 266590, 267386 , 239710, 547567, 484365

Paul Terjeson
Paul Terjeson
Land Specialist | Co-Owner | Principal Broker

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Paul Terjeson
Land Specialist | Co-Owner | Principal Broker
Co Representative(s)
Steve Helms
Oregon Farm and Home Brokers
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